OVATION FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: OVATION FOUNDATION INC (EIN 03-0384292)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-14
IRS object ID: 201303189349101295
Schema version: 2012v2.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Legal Fees Schedule
Mortgages And Notes Payable Sch
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-14T12:27:21-08:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Ronald Blue & Co LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2100 RiverEdge Pkwy Ste 1100	AddressLine1
City	Atlanta	City
State	GA	State
ZIP Code	30328	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	030384292	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Ovation Foundation Inc	BusinessNameLine1
Business Name Line2	co Ronald Blue & Co LLC - TABS	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	OVAT	NameControl
Phone	7706440500	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2100 RiverEdge Parkway Ste 1100	AddressLine1
City	Atlanta	City
State	GA	State
ZIP Code	30328	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Bruce Wilkinson	Name
Title	DIRECTOR/PRES.	Title
Date Signed	2013-11-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Bruce L Whaley	Name
PTIN	P00061426	PTIN
Phone	7706440500	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	306095	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	400113	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	17	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	17	InterestOnSavingsNetInvstIncm
Other Income Rev And Expnss	38313	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	38313	OtherIncomeNetInvstIncm
Total Revenue And Expenses	438443	TotalRevenueAndExpenses
Total Net Investment Income	38330	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	10599	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	3751	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	6848	CompOfcrDirTrstDsbrsChrtblPrps
Legal Fees Rev And Expnss	8000	LegalFeesRevAndExpnss
Legal Fees Dsbrs Chrtbl Prps	5169	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	2250	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	796	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	1454	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	811	TaxesRevAndExpnss
Taxes Net Invst Incm	287	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	524	TaxesDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	16462	TravConfMeetingRevAndExpnss
Trav Conf Meeting Dsbrs Chrtbl Prps	15375	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	1315	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	465	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	850	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	39437	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	5299	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	30220	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	72000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	72000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	111437	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	5299	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	102220	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	327006	ExcessOfRevenueOverExpenses
Net Investment Income	33031	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	19407	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	306095	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	306095	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	19407	TotalAssetsBOY
Total Assets EOY	306095	TotalAssetsEOY
Total Assets EOYFMV	306095	TotalAssetsEOYFMV
Loans From Officers BOY	66000	LoansFromOfficersBOY
Loans From Officers EOY	25491	LoansFromOfficersEOY
Mortgages And Notes Payable BOY	20000	MortgagesAndNotesPayableBOY
Mortgages And Notes Payable EOY	18781	MortgagesAndNotesPayableEOY
Other Liabilities EOY	1410	OtherLiabilitiesEOY
Total Liabilities BOY	86000	TotalLiabilitiesBOY
Total Liabilities EOY	45682	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	-66593	RetainedEarningsBOY
Retained Earnings EOY	260413	RetainedEarningsEOY
Total Net Assets BOY	-66593	TotalNetAssetsBOY
Total Net Assets EOY	260413	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	19407	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	306095	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	-66593	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	327006	ExcessOfRevenueOverExpenses
Subtotal	260413	Subtotal
Total Net Assets Fund Balances EOY	260413	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	40133	QualifyingDistributionsYear1
Noncharitable Assets Year1	13165	NoncharitableAssetsYear1
Distribution Ratio Year1	3.04846	DistributionRatioYear1
Qualifying Distributions Year2	21317	QualifyingDistributionsYear2
Noncharitable Assets Year2	8344	NoncharitableAssetsYear2
Distribution Ratio Year2	2.55477	DistributionRatioYear2
Qualifying Distributions Year3	194989	QualifyingDistributionsYear3
Noncharitable Assets Year3	7965	NoncharitableAssetsYear3
Distribution Ratio Year3	24.48073	DistributionRatioYear3
Qualifying Distributions Year4	63583	QualifyingDistributionsYear4
Noncharitable Assets Year4	21637	NoncharitableAssetsYear4
Distribution Ratio Year4	2.93862	DistributionRatioYear4
Qualifying Distributions Year5	15805	QualifyingDistributionsYear5
Noncharitable Assets Year5	11980	NoncharitableAssetsYear5
Distribution Ratio Year5	1.31928	DistributionRatioYear5
Total Distribution Ratio	34.34187	TotalDistributionRatio
Average Distribution Ratio	6.86837	AverageDistributionRatio
Net Noncharitable Assets	187036	NetNoncharitableAssets
Adjusted Noncharitable Assets	1284633	AdjustedNoncharitableAssets
One Percent Net Investment Income	330	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	1284963	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	102220	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	661	InvestmentIncomeExciseTax
Subtotal	661	Subtotal
Tax Based On Investment Income	661	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	178	EstTaxPaymentsAndOverpayment
Total Credits And Payments	178	TotalCreditsAndPayments
Form2220 Attached	X	Form2220Attached
Penalty For Underpayment	10	PenaltyForUnderpayment
Tax Due	493	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Form990 T Filed	false	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	GA	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	true	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Ellen Lucciola - Ron Blue & Co	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	7706440500	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	2100 RiverEdge Pkwy Ste 1100	AddressLine1
City	Atlanta	City
State	GA	State
ZIP Code	30328	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	true	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	true	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Undistr Income4942a2 Not Applied	false	UndistrIncome4942a2NotApplied
Business Holdings	false	BusinessHoldings
Excess Business Holdings	false	ExcessBusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Tr Fail To Qualify As Exceptions	false	TrFailToQualifyAsExceptions
Maint Expend Responsibility	false	MaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn
Proceeds Or Net Income	false	ProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Jennifer Osuch
2100 RiverEdge Pkwy Ste 1100	Atlanta	GA	30328	Director	0.00	0
Darlene Wilkinson
2100 RiverEdge Pkwy Ste 1100	Atlanta	GA	30328	Director	0.00	0
Bruce Wilkinson
2100 RiverEdge Pkwy Ste 1100	Atlanta	GA	30328	Director/Pres	40.00	10599

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	189884	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	189884	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Adj Total FMV Of Unused Assets	189884	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	2848	CashDeemedCharitable
Net Noncharitable Assets	187036	NetNoncharitableAssets
Minimum Investment Return	9352	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	9352	MinimumInvestmentReturn
Tax Based On Investment Income	661	TaxBasedOnInvestmentIncome
Total Tax	661	TotalTax
Distributable Amount Before Adj	8691	DistributableAmountBeforeAdj
Distributable Amount Before Ded	8691	DistributableAmountBeforeDed
Distributable Amount As Adjusted	8691	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	102220	ExpensesAndContributions
Qualifying Distributions	102220	QualifyingDistributions
Adj Qualifying Distributions	102220	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	8691	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	15789	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	62963	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	195127	ExcessDistriCarryoverYear3
Excess Distri Carryover Year2	21317	ExcessDistriCarryoverYear2
Excess Distri Carryover Year1	39475	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	334671	TotalExcessDistriCarryover
Qualifying Distributions	102220	QualifyingDistributions
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	8691	AppliedToCurrentYear
Remaining Distri From Corpus	93529	RemainingDistriFromCorpus
Total Corpus	428200	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	15789	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	412411	ExcessDistriCyovToNextYear
Excess From Year4	62963	ExcessFromYear4
Excess From Year3	195127	ExcessFromYear3
Excess From Year2	21317	ExcessFromYear2
Excess From Year1	39475	ExcessFromYear1
Excess From Current Year	93529	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	Bruce Wilkinson	ContributingManager
Only Contributes To Preselected	X	OnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (26 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
Whispering Hope
133 Samaritan Drive	Cumming	GA	30040	UNRELATED	501C 3	general support	$2,500
Columbia Pregnancy Center
1510 St Helens Street	St Helens	OR	97051	UNRELATED	501C 3	general support	$2,500
Choices for Women Resource Center
314 St Michaels Avenue	Madison	IN	47250	UNRELATED	501C 3	general support	$2,500
Onslow Pregnancy Resource Center
411C Western Blvd	Jacksonville	NC	28546	UNRELATED	501C 3	general support	$2,500
Care Net Pregnancy Center of Albuqu
9809 Candelaria NE Bldg 1-C	Albequerque	NM	87112	UNRELATED	501C 3	general support	$2,500
Choices of the Heart Network
132 Ganttown Road	Turnersville	NJ	08012	UNRELATED	501C 3	general support	$2,500
Pregnancy Resource Center of Salt L
644 South 900 East	Salt Lake City	UT	84102	UNRELATED	501C 3	general support	$2,500
Paris Pregnancy Care Center
500 East Houston Street	Paris	TX	75460	UNRELATED	501C 3	general support	$2,500
Family Life Services
2950 Packard Road	Ypsilant	MI	48197	UNRELATED	501C 3	general support	$2,500
Life Services of St Johns County
27 Sevilla Street	St Augustine	FL	32084	UNRELATED	501C 3	general support	$2,500
Muskegon Pregnancy Services
1319 Peck Street	Muskegon	MI	49441	UNRELATED	501C 3	general support	$2,500
Oaks Family Care Center
4196 Center Road	Brunswick	OH	44212	UNRELATED	501C 3	general support	$2,500
Rachel's House Pregnancy Clinic
118 E Meadows Street	Vidalia	GA	30475	UNRELATED	501C 3	general support	$2,500
Hart Life Pregnancy Center
317 W Franklin St	Hartwell	GA	30643	UNRELATED	501C 3	general support	$2,500
Lakeshore Pregnancy Center
339 South River Avenue	Holland	MI	49423	UNRELATED	501C 3	general support	$10,000
A New Generation
PO Box 1935	Brooksville	FL	34601	UNRELATED	501C 3	general support	$2,500
Pregnancy Care Center of Fort Wayne
2330 Cleveland Road	Wooster	OH	44691	UNRELATED	501C 3	general support	$2,500
Open Arms Pregnancy Center
329 North Washington	Hendersonville	NC	28739	UNRELATED	501C 3	general support	$2,500
Options for Women
4991 Clayton Road	Concord	CA	94521	UNRELATED	501C 3	general support	$2,500
LifeCare of Brandon
122 N Moon Ave	Brandon	FL	33510	UNRELATED	501C 3	general support	$2,500
Crossroads Pregnancy Center
451 S Wayne Street	Milledgeville	GA	31061	UNRELATED	501C 3	General Support	$2,500
The Cleveland Pregnancy Center
5273 Broadview Road	Cleveland	OH	44134	UNRELATED	501C 3	General Support	$2,500
Care Net Pregnancy Center of N Kent
3617 Alexandria Pike	Cold Spring	KY	41076	UNRELATED	501C 3	General Support	$2,500
Care Net Pregnancy Center of Putnam
12 N Jackson St	Greencastle	IN	46135	UNRELATED	501C 3	General Support	$2,500
Care Net of Schuylkill County
PO Box 1262	Pottsville	PA	17901	UNRELATED	501C 3	General Support	$2,500
HAVEN OF REST MINISTRIES
175 E MARKET ST	AKRON	OH	44309	UNRELATED	501C3	GENERAL SUPPORT	$2,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	72000	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$17	ExclusionAmount

Other Revenue Described OtherRevenueDescribed

Field	Value	IRS element (for citing)
Description	ROYALTIES	Description
Exclusion Code	15	ExclusionCode
Exclusion	$38,313	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$38,330	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	38330	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo (3 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType
3	Loving Choices Pregancy Center	801 South 7th Street	Rogers	AR	72756	47613	X
2	William M Yarbrough Foundation	485 E Half Day Road 250	Buffalo Grove	IL	60089	100000	X
1	Bill Carol Latimer Charitable Fnd	201 W Main Street Ste E	Union City	TN	38261	250000	X

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	Category
Amount	$2,250	Amount
Net Investment Income	796	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	1454	DisbursementsCharitablePrps

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Explanation	PART VII-B, LINE 1(a)(2) and LINE 1(b)======================================At year end, the foundation had on its books a $18,781 loan from an S-corporation owned by a disqualified person. This demand loan was made at no interest and the proceeds were used to pay grants and operating expenses.As a result, this loan meets the exceptions to self-dealing under IRC 4941(a), and Form 4720 is not applicable in this situation.At year end, the foundation had on its books a $25,491 loan from an officer. This demand loan was made at no interest and the proceeds were used to pay grants and operating expenses.As a result, this loan meets the exceptions to self-dealing under IRC 4941(a), and Form 4720 is not applicable in this situation.	Explanation

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Amount	$8,000	Amount
Net Investment Income	0	NetInvestmentIncome
Adjusted Net Income	0	AdjustedNetIncome
Disbursements Charitable Prps	5169	DisbursementsCharitablePrps

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Field	Value	IRS element (for citing)
Total Mortgage	$18,781	TotalMortgageAmount

Note Payable NotePayable

Lenders Name LendersName

Field	Value	IRS element (for citing)
Individual	Exponential Inc	Individual

Field	Value	IRS element (for citing)
Relationship To Insider	S Corp; shareholder is Officer	RelationshipToInsider
Original Amount Of Loan	50000	OriginalAmountOfLoan
Balance Due	18781	BalanceDue
Repayment Terms	Demand Loan	RepaymentTerms
Security Provided By Borrower	None	SecurityProvidedByBorrower
Purpose Of Loan	Operating Expenses	PurposeOfLoan
Desc Of Lender Consideration	None	DescOfLenderConsideration

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
TELEPHONE EXPENSE	43	15	28
PRINTING EXPENSE	40	14	26
Meetings/Meals	1101	390	711
LICENSE & PERMITS	55	19	36
BANK FEES	76	27	49

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	ROYALTIES	Description
Revenue And Expenses Per Books	38313	RevenueAndExpensesPerBooks
Net Investment Income	38313	NetInvestmentIncome

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	PAYROLL TAX LIABILITY	Description
EOY Book Value	1410	EOYBookValue

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor SubstantialContributor (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode
William M Yarbrough Foundation
485 E Half Day Road 250	Buffalo Grove	IL	60089
Bill Carol Latimer Charitable Fnd
201 West Main St Ste E	Union City	TN	38261

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	Payroll Tax Expense - ER portion	Category
Amount	$811	Amount
Net Investment Income	287	NetInvestmentIncome
Disbursements Charitable Prps	524	DisbursementsCharitablePrps